Compute the PI statistic for Project Z if the appropriate cost of capital is $6$ percent. $($Do not round intermediate calculations and round your final answer to $2$ decimal places.$)$

$\backslash$table$[[$Project $Z,],[$Time:$,0,1,2,3,4,5,],[$Cash flow:,$-$$$1,200,$$$390,$$$520,$$$690,$$$340,$$$140,]]$

$\frac{?}{PI}$

Should the project be accepted or rejected?

$$ accepted

$$ rejected